Blue Shield Hit With New Charge Of Inadequate Rebates For Excessive Administrative Costs
The health insurer rejects allegations from state officials that it did not pay policy holders back enough after a series of administrative errors in 2014.
Los Angeles Times:
Blue Shield Faces New Criticism Of Shortchanging Consumers In California
Blue Shield of California, already under scrutiny by state officials, is facing new criticism that it didn’t adequately pay back policy holders for excessively spending on administrative costs in 2014. Officials from the health insurer strongly rejected the allegation, made by a former company executive in a complaint to state regulators. But if substantiated by investigators, the accusation could force the insurer to pay additional rebates to customers. (Levey, 6/28)